Humanetics Announces a Deeper Collaboration with Ansys to Enhance Human Safety
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Insights
The strategic expansion of the partnership between Ansys and Humanetics signifies a notable development within the human safety engineering ecosystem, particularly in the automotive sector. The integration of Humanetics' expertise in physical human safety systems and Ansys' advanced simulation capabilities points to an enhancement of product development processes, which could lead to more efficient and accurate safety testing.
From a market perspective, the collaboration is poised to offer a competitive edge by providing a more comprehensive suite of safety solutions. The use of digital twins—a virtual representation of a physical object or system—enables a more seamless transition between real-world testing and virtual simulations, potentially reducing the time and cost associated with bringing new automotive safety features to market.
Given the increasing emphasis on vehicle safety standards and the growing demand for advanced driver-assistance systems (ADAS), this partnership is likely to be well-received by the automotive industry, potentially translating into increased customer loyalty and market share for both Ansys and Humanetics.
The acquisition of a minority ownership interest in Humanetics by Ansys represents an investment in a synergistic partnership that could yield financial benefits for both entities. By strengthening their relationship, Ansys is likely to enhance its product offerings and potentially increase its serviceable market.
Ansys' investment in Humanetics, while still subject to regulatory approvals, could be indicative of confidence in the long-term growth potential of the safety engineering sector. Investors may view this move as a strategic allocation of capital towards a growing segment, which could be reflected in Ansys' stock performance, depending on the market's perception of the deal's future financial impact.
It is important to monitor subsequent financial disclosures and earnings calls for any guidance on how this partnership may affect Ansys' revenue streams and whether it could lead to accretive earnings in the foreseeable future.
The enhanced partnership between Ansys and Humanetics is expected to drive innovation in the field of automotive safety—a critical concern for manufacturers and consumers alike. The integration of Humanetics' anthropomorphic test devices (ATDs) and ergonomics software with Ansys' simulation tools is likely to lead to more accurate and holistic safety assessments.
By combining physical test data with digital simulation, engineers can better predict the performance of safety systems under various conditions, which is crucial for the design of passive safety features such as airbags and seatbelts. This could also accelerate the development of active safety systems, which are integral to the future of autonomous vehicles.
The partnership's focus on human-centric product design aligns with global trends towards more stringent safety regulations and could set a new standard in the industry for safety and ergonomics, potentially influencing regulatory frameworks and consumer expectations.
An expanded partnership between Ansys and Humanetics will unlock new levels of value and accuracy in the human safety engineering ecosystem
Key Highlights
- Ansys and Humanetics intend to expand their partnership to further push innovation in the human safety engineering ecosystem
- This partnership will drive greater value for customers in the automotive industry and beyond as two key companies deliver more streamlined, accurate and efficient product offerings
- The companies will use digital twins to strengthen the connection between physical and virtual safety solutions
- Ansys has entered into a definitive agreement to acquire a minority ownership interest in Humanetics to strengthen their existing relationship
Advanced Family of ATDs (Photo: Business Wire)
Humanetics is the world's leading provider of anthropomorphic test devices (ATDs), more commonly known as crash test dummies. The company also provides digital models of their ATDs, which are commonly used by simulation software companies, including Ansys, to create realistic simulations of crash events. Humanetics’ digital models of ATDs are highly complementary to, and frequently used with Ansys’ LS-DYNA crash test solution.
Humanetics also offers an innovative ergonomics software solution, RAMSIS, which allows users to create virtual vehicle interiors, custom Human Body Models (HBMs), and 3D occupants to evaluate ergonomics and comfort during prototype development. Combining Humanetics’ HBMs and RAMSIS with Ansys’ physics-based simulation portfolio through the expanded partnership will further empower human-centric product design, improve testing, and better inform decision making.
“Humanetics’ mission is to protect humans in mission critical environments, by providing engineers with data that is used to drive innovation and improve control. Combining our safety and sensor expertise with Ansys' simulation capabilities is an opportunity to add value to our customers and save more lives,” said Christopher O’Connor, Humanetics CEO and President. “This partnership with Ansys will jointly enable us to further unleash new levels of innovation in the human safety ecosystem. We remain committed to working with all our existing and future partners to drive innovation in the industry.”
“Ansys and Humanetics’ existing offerings are highly complementary and enable an end-to-end solution for active and passive auto safety test and design,” Shane Emswiler, senior vice president of products at Ansys. “Deepening our partnership with Humanetics will not only enable further integration of physical test data with digital simulation data for our customers, but also has the potential to enable interconnected digital and physical offerings that will transform the human safety ecosystem.”
About Humanetics
Mission: Protecting Humans in Motion
Humanetics is an Industrial technology group, and a leading provider of safety systems, crash test dummies (ATDs), simulation software (RAMSIS), CAE models, human body models, complete line of passive & active safety SW & testing solutions, precision sensors, fiber optics and laser material processing solutions. The group is organized into three divisions (Safety, Digital and Sensors) focused on precision engineering and software development that puts humans at the heart of industrial design. The group has over 1000 employees located in facilities worldwide, with our global corporate headquarters in
About Ansys
Mission: Powering Innovation that Drives Human Advancement™
When visionary companies need to know how their world-changing ideas will perform, they close the gap between design and reality with Ansys simulation. For more than 50 years, Ansys software has enabled innovators across industries to push boundaries by using the predictive power of simulation. From sustainable transportation to advanced semiconductors, from satellite systems to life-saving medical devices, the next great leaps in human advancement will be powered by Ansys.
Ansys and any and all ANSYS, Inc. brand, product, service and feature names, logos and slogans are registered trademarks or trademarks of ANSYS, Inc. or its subsidiaries in
Forward Looking Information
This information contains certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 with respect to the acquisition, including statements regarding the benefits of the acquisition and the products and markets of each company. These forward-looking statements generally are identified by the words "believe," "project," "expect," "anticipate," "estimate," "intend," "future," "opportunity," "plan," "may," "should," "will," "would," and similar expressions. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements including but not limited to: (i) the risk that the acquisition may not be completed in a timely manner or at all; (ii) the failure to satisfy the conditions to the consummation of the acquisition, including the receipt of certain governmental and regulatory approvals; (iii) risks that the proposed transaction disrupts current plans; (iv) the occurrence of any event, change or other circumstance that could give rise to the termination of the acquisition agreement; (v) the ability of the companies to finalize the details of the planned partnership; (vi) each company’s ability to integrate the other company’s technology with its own successfully; (vii) the companies’ abilities to market solutions as a result of the partnership; (viii) risks related to having little or no rights to participate in Humanetics’ affairs; (ix) the ability of Ansys to implement its plans, forecasts, and other expectations in connection with Humanetics’ business and planned partnership after the completion of the acquisition and realize additional opportunities for growth and innovation; and (x) adverse changes in the economic and political conditions in the regions in which Ansys and Humanetics operate. In addition, please refer to the documents that Ansys files with the SEC on Forms 10-K, 10-Q and 8-K. These filings identify and address other important risks and uncertainties that could cause events and results to differ materially from those contained in the forward-looking statements set forth herein. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and Ansys assumes no obligation to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise.
View source version on businesswire.com: https://www.businesswire.com/news/home/20240123792153/en/
Barney Loehnis, CMO, Humanetics
bloehnis@humaneticsgroup.com +1 203 246 1397
Source: Humanetics and Ansys
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